Saturday, July 07, 2012

PCUSA and divestment

Prof. Bainbridge weighs in:
Once again, the Presbyterian Church (USA) is considering divesting from certain companies that do business with the Israeli government. As I explained the last time the church went down this road, it's a bad, anti-semitic idea:

Let's start with a basic question: Will the PC(USA)'s decision "work"? In other words, do divestment campaigns tend to achieve their proponent's goals? The clear answer from the empirical literature is "no."
Not to mention they have holdings in China, which has a rather dubious human rights record by any calculation.

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